Russia says there are good signals coming from Iran talks but no results are likely soon - Kremlin
Oil is unwinding the Yemen fear jump from last week as a deal on Iran draws closer
Brent is down to 55.50 from the 59.75 highs last week
Brent crude daily chart
Support should show around the 53.50 mark and break there will have traders thinking about the sub 50 lows.
Expectations for oil prices look pretty stable at the moment as the latest Reuters poll show that Brent is forecast to average 59.20 in 2015, up 20 cents from the Feb forecast. WTI is lowered to 53.60 from 54.50. Through 2016 Brent is estimated to average $72.10, WIT $66.50
